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A fair number of hospitals have been taken over by MBAs. The result is generally more money for the administration, and cost-cutting elsewhere. Since the purpo
by dsr_ 5y ago
A fair number of hospitals have been taken over by MBAs. The result is generally more money for the administration, and cost-cutting elsewhere.
Since the purpose of a hospital is not to make money but to improve health-related outcomes, this is usually bad.
On the other hand, it turns out that focus on improving health-related outcomes by applying science and statistics works really well... and usually decreases costs, too.